B Wave most likely looking for 0.236, 0.3 retrace on the Fib. I don't normally trade B waves, but like all things in life there are exceptions. This is early in the game and very close to pivot and we are at the daily assessing the situation. Given these factors, might as well give one a try. But even then the market always has a mind of its own.
We are not in...
ReWalk Robotics Ltd., a medical device company, designs, develops, and commercializes wearable robotic exoskeletons for individuals with mobility impairments or other medical conditions in Israel, the United States, Europe, the Asia-Pacific, Latin America, and Africa. It offers ReWalk Personal and ReWalk Rehabilitation for spinal cord injuries and everyday use by...
I think the chart is self-explanatory. I believe the reversal has happened, the price action is bullish, and this is the 3rd wave we are in right now.
*This is not an investment or trading suggestion
**You can use it at your own risk!!
All the best :)
Since the intense February has passed, I am curious to know if it would bounce back. It is showing a mild uptrend for the past couple of days. The RSI and MACD show a mild buy signal, and even though the volatility is low, it is still indicating an uptrend.
Before the previous uptrend (28 Jan to 16 Feb), there was a -28% drop in the price for half a...
Timeframe: <100 days
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
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RWLK seems forming a fallen angel pattern. Very low price, could be some excellent day-trading opportunity. If it can break through its 20 day moving average, we would consider a long position.
And for longer term trade we would like to see strong break or $3
You can check our detailed analysis on RWLK in the trading room/ Executive summary link...
Rewalk Robotics was mentioned recently for the employment of their technology with a paralyzed patient, granting him the ability to walk again with the assistance of their exoskeleton product ( www.news8000.com ). Volume has been light these past few months, but most of the stock's volume has taken place towards the higher end of the 52-week high range. RSI has...